Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Aerodave on October 28, 2017, 01:10:03 PM



Title: Segwit2X B2X Fork Doubts
Post by: Aerodave on October 28, 2017, 01:10:03 PM
Hello

I am a bit concern about this coming fork as I started investing on Bitcoin recently and I don't have many experience.

I have Coinbase and Bittrex account and Ledger Nano S.

What I want is having the same amount of B2X and BTC when the fork happens (Block 494,784) and be able to trade with both of them at the moment (or at least with BTC).

I don't really know whether this is possible or not as in Coinbase they will give you B2X but stop trading for a few hours... right?

Another option is to store BTC at Ledger Nano S what I think is better but not sure if they will give me B2X. If the answer is yes, will this be instantly?  

Finally, do you know if Bittrex will be an option for trading just after the fork? So I would move my BTC from Ledger to Bittrex?  Or it would be on stop as Coinbase? Do you know any other exchange where this would be possible?

Thank you so much!


Title: Re: Segwit2X B2X Fork Doubts
Post by: Red-Apple on October 28, 2017, 01:23:24 PM
if you speculate that there will be a second chain and a second coin and also if you want to trade that new coin, the best option (concerning profit) is to store your bitcoin on an exchange that promises to add the market for that coin immediately on the date of its release.

but this is not the best way concerning security. because these exchanges can run away or do unpredictable things like what Bittrex recently did with banning random accounts! which can simply mean you lose a lot of money in a blinking of an eye.

holding bitcoin in a wallet like Ledger Nano is the safest way concerning security but it is not best for profit. because it may take a while before exchanges allow deposits or before you will be able to safely split your coins.